So the idea is in place and I have spent many evenings working out the break even points, marketing plans, cash flow and how much capital I will need to get this venture off the ground. I decided to use 'startup.com' to apply for a small start up loan. It is a good package, you get a low APR, discounts on several products and several hours of free mentoring. So the application was sent off and I was left to wait to see if my 'plan' was deemed good enough. I got booked in for a face to face panel meeting to get the final green tick. The meeting was set up quickly, naturally the provider are keen to turnover the applications. It all became very real in the panel meeting, with the lady being very honest about my plan and how the business would work. Overall the meeting went well, I must have made a good impression as my loan got approved!
I was under no illusions that the application was going to be the 'hard bit' of starting this business. All the companies that I got my quotes off, ( agencies, venues and t-shirt printers) took me a bit more seriously when I came back to them with capital behind me. So it officially started, Live Sport Talks was launched. I have gone from having a full time job, to running my own business and becoming an accountant, web designer, t shirt designer ( they came out pretty well!), a marketeer, date administrator, still having my full time job and much more.
Thank you for reading my blog post. Stay tuned for more posts about my venture and feel free to offer advice or ask me for advice to! One last thing, check out www.livesporttalks.com for see what great events we have on offer!
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